Sure - LACK OF FUNDS in the account. The casas de cambio don't buy bank screw-ups, or "they didn't transfer the money in time" , or anything else.... if the check doesn't clear, you'll get a call. If you don't trot on down there with cash in hand plus the fees, expect a visit.....and soon!
Not sure what you mean by a check "clearing in time"" though - they can clear a check here in the DR just as fast as a US bank, normally in 24 hours or less. _
If the casa de cambio knows you really well, they might not cash your check for weeks if the tasa is climbing - they know the $$ is good and they are just waiting to cash in and get some extra pesos on the transaction. That's one way I can tell if the tasa is expected to go down soon by the casas de cambio - if they cash my check after holding it for a few weeks.
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